LA Braces For $1 Billion Staples Center Development

Covering six blocks, the mixed-use plan will include theaters, restaurants, and a massive hotel within walking distance of the Convention Center. City officials have yet to include financial support.

Hoping to cash in on the lucrative convention trade, Los Angeles may finally have the one piece it lacks: a major downtown hotel. Under Philip Anschutz's new plan, six unused blocks between the business district and the Convention Center would be transformed into a 4-million-square-foot development anchored by a signature 55 story, 1,200 room hotel. Despite predictions of up to 20,000 new jobs, the city and Mayor Hahn are waiting for more information before offering a deal to the developer.

Thanks to Jeffrey Goodman

Full Story: Developers Set to Start Staples Center Project

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00